On the record
The credit of the government was the ability and intention of the country to meet the promises of its government, and this ability determined its currency.
Said by
Victoria C. Woodhull
Source
gutenberg.orgVictoria C. Woodhull: “The credit of the government was the ability and intention of the country to meet the promises of its government, and…”
Editor's note · Context
This quote explains that a government's credit reflects the country's ability to fulfill its financial promises, linking currency to national productivity.
Share
More from Victoria C. Woodhull
Where are all the great of the past; its orators, philosophers and statesmen; Confucius, Zoroaster, Moses, David, Solomon, Lycurgus, Demosthenes, Cicero, Bonaparte, Washington, and many others, of all nations and climes, to whom history…
Prisons would be converted into asylums and workshops for the weak and unfortunate, and their keepers into superintendents and teachers.
Verily, verily, I say unto you, this people vaunteth and puffeth itself with knowledge, but wisdom hath surely departed to the lowly ones of earth!
As the beams reflected from the mountain top are of the sun, and not the mountains, so are these spiritual rays of the spiritual sun, and not of the individual reflecting them, or through whom they may chance to shine.